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Quantum Stocks Rebound as IonQ Jumps and D‑Wave Launches U.S. Government Unit

Renewed buying follows catalysts despite small revenue, with profitability still distant.

Overview

  • IonQ shares climbed on Thursday after the stock found support and regained momentum following a strong third quarter and a guidance raise to $106–$110 million for 2025 revenue.
  • IonQ’s Dec. 1 partnership with Canada’s Center for Commercialization of Regenerative Medicine introduces hybrid quantum and quantum‑AI projects set to start in Canada and Sweden next year.
  • D‑Wave rose 14.6% on Thursday, extending a three‑day rally after forming a subsidiary dedicated to U.S. government work led by Jack Sears Jr., even as Q3 revenue was $3.7 million against a $27.7 million operating loss.
  • Quantum Computing Inc. gained 9.7% on Wednesday on bargain hunting after November’s sell‑off, with Q3 results showing a swing to net income driven by a derivative liability mark‑to‑market and modest revenue growth to $384,000.
  • Consultancy estimates and public funding continue to underpin the long‑term thesis, with BCG projecting $450–$850 billion in potential value by 2040 and reported U.S. allocations for quantum programs at DARPA and the NSF.